Tesco (TSCDY) Gross Profit : $6,143 Mil (TTM As of Feb. 2024)

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What is Tesco Gross Profit?

Tesco's gross profit for the six months ended in Feb. 2024 was $2,890 Mil. Tesco's gross profit for the trailing twelve months (TTM) ended in Feb. 2024 was $6,143 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Tesco's gross profit for the six months ended in Feb. 2024 was $2,890 Mil. Tesco's Revenue for the six months ended in Feb. 2024 was $42,977 Mil. Therefore, Tesco's Gross Margin % for the quarter that ended in Feb. 2024 was 6.72%.

Tesco had a gross margin of 6.72% for the quarter that ended in Feb. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Tesco was 7.55%. The lowest was -3.87%. And the median was 6.18%.

Warning Sign:

Tesco PLC gross margin has been in long-term decline. The average rate of decline per year is -2.1%.

Tesco Gross Profit Historical Data

The historical data trend for Tesco's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Tesco Gross Profit Chart

Tesco Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Gross Profit

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5,308.29

5,237.17

6,269.28

4,421.50

6,122.48

Tesco Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Gross Profit	Get a 7-Day Free Trial															2,956.70	1,992.81	2,411.84	3,252.86	2,890.15

Competitive Comparison of Tesco's Gross Profit

For the Grocery Stores subindustry, Tesco's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tesco's Gross Profit Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Tesco's Gross Profit distribution charts can be found below:

* The bar in red indicates where Tesco's Gross Profit falls into.

Tesco Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Tesco's Gross Profit for the fiscal year that ended in Feb. 2024 is calculated as

Gross Profit (A: Feb. 2024 )	=	Revenue	-	Cost of Goods Sold
	=	86094.697	-	79972.222
	=	6,122

Tesco's Gross Profit for the quarter that ended in Feb. 2024 is calculated as

Gross Profit (Q: Feb. 2024 )	=	Revenue	-	Cost of Goods Sold
	=	42977.273	-	40087.121
	=	2,890

Gross Profit for the trailing twelve months (TTM) ended in Feb. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $6,143 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Tesco's Gross Margin % for the quarter that ended in Feb. 2024 is calculated as

Gross Margin % (Q: Feb. 2024 )	=	Gross Profit (Q: Feb. 2024 )	/	Revenue (Q: Feb. 2024 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	2,890	/	42977.273
	=	6.72 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Tesco (OTCPK:TSCDY) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Tesco had a gross margin of 6.72% for the quarter that ended in Feb. 2024 => No sustainable competitive advantage

Tesco Gross Profit Related Terms

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Tesco (TSCDY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Tesco PLC (OTCPK:TSCDY) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

TSCDF:USA TSCOl:UK TSCO:UK TCO0:Germany TCO0:Germany TCO0:Germany TCO0:Germany

Address

Kestrel Way, Tesco House, Shire Park, Welwyn Garden, GBR, AL7 1GA

Website

https://www.tescoplc.com

Tesco is one of the largest food retailers in the world, operating thousands of stores in the United Kingdom, Ireland, and Europe. According to Kantar, Tesco is the market leader in the U.K. with a share of more than 27%, roughly double that of Asda or Sainsbury's. Tesco operates a core supermarket business in addition to convenience and neighborhood outlets. With a 35% digital market share in the U.K., the company holds a dominant position online. Tesco gained exposure to the cash-and-carry and out-of-home delivering industries with the landmark GBP 4 billion acquisition of Booker in 2018.